157-163 Cariboo Road, Kelowna

2024-08-14
 

Quick Summary

Location
157-163 Cariboo Road, Kelowna, British Columbia V1V2E4
Price
$2,698,000 CAD
Status:
For Sale
Property Type:
Other

MLS®#10321898

Property Description

Prime Development Opportunity: 2 Lots for Land Assembly in Desirable Kelowna Calling all investors and developers! Here's your chance to seize a lucrative opportunity in one of Kelowna's most sought-after areas. This ""land assembly"" encompasses 0.77 acres, totaling a generous 33,541.12 square feet of prime development potential. Situated in a highly desirable location, this site is poised for the construction of 19 townhome units. The development permit is ready, offering a streamlined path to project commencement. Centrally located, residents will enjoy unparalleled convenience with easy access to transportation, dining options, grocery stores, and more. Plus, proximity to UBC Okanagan and Kelowna Airport enhances the appeal of this location. Currently, both homes on the lots are generating a combined rental income of $7000 per month, providing an immediate return on investment while you finalize your development plans. Don't miss out on this exceptional opportunity to make your mark in Kelowna's thriving real estate market. Act now to secure your future success! (id:32467)

Property Features

Building

  • Fireplace: No
  • Building Type: Residential Commercial Mix
  • Utility Water: Municipal water

Land

  • Land Size: 0.77 ac|under 1 acre
  • Sewer: See remarks

Information entered by Oakwyn Realty Okanagan
Listing information last updated on: 2024-08-30 01:11:11


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How much could you save in commission selling with One Percent Realty?

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$500,000

Your One Percent Realty Commission savings

$500,000

Savings calculated using One Percent Realty's posted commission rates compared to another agent charging 7% on the first 100k & 2.5% on the balance + GST. Not all agents charge the same.

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What is the deal exactly, with One Percent?

We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estates sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!

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What do you charge?

We charge a total of $9,950 for properties under $900,000. For properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. It is as simple as that.

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Yes, and yes.


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Phone:
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Mobile:
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Email:
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Areas serviced in the Central Okanagan include all sub divisions of: Kelowna, Westbank, West Kelowna, Peachland

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Phone:
778.229.4045
Mobile:
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Email:
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Support Area:
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